Hi George et alThere are finance groups out there that can offer you assistance in your situation. You appear to have plenty of equity and a sound plan for development of your assets.Have you considered development  finance.If you would like more info on a portfolio approach to development, I have a contact who specialises in this area through X…[Read more]

Wow that table didn't copy accross very well did it.Try this                                                             Low-Doc    No-Doc                                                              80%            70%Security value                                     $125,000  $143,000Loan Amount   $100,000

Hi AdamMy name is Steven and I work with a very flexible and common sense lender.We have a range of products which might suit you and as an example I could offer you our Signature Home Loan within which you may to qualify for a Lo Doc loan based on your self employed status of 2yrs.Low-DocNo-Doc80%70%Security Value$ 100,000 Loan Amount$ 125,000 $14…[Read more]

HiIf the property has been used for investment previously then you should be able to get a copy of the depreciation schedule from the current owner.If not then your accountant should be able to help you put one together from a list of fixtures & fittings.The property is only 5yo so there will be plenty of book value left on most items.

Hi againYes the products I work with are different and, although loans are securitised and AAA rated, where the LVR is less than or equal to 80% of the loan amount and the loan amount is less than $1,000,000 Xplore pay the insurance premium on behalf of the borrower. Therefore as far as the borrower is concerned these loans are LMI free up…[Read more]

Hi Richard et alNow it would be foolish to infer that Non-Bank securitised lenders were always the cheapest.They do offer greater flexibility in many cases as they don't suffer from the beaurocratic straight jacket that the big banks often operate under.As I said, you need to do your homework on lenders as well as the bricks and dirt you are…[Read more]

Thanks for the promo ScroogeAs for growing a portfolio my advise is always to buy smart, and this web-site is an excellent guide on how best to do that so you are in the right place here to learn how get the most from your investments.The key to growing a portfolio is of coarse is to buy well and borrow well. If you have followed good advice /…[Read more]